"RV UPDATE" BY ARIEL, 6 JAN

Ariel

@Prolotario1

The HCL/Oil & Gas Law

The Infrastructure Projects The Budget 

Etc. 

All of these things are on hold because the reinstatement needs to be done prior to the launch of these formal policies. Everything is on pause until the Iraqi Dinar is on the Forex Market.

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The CBI: Meeting All Market Needs ie-(International)

He added that “this decision and the decisions that will follow in the coming days are all in the interest of supporting the Iraqi dinar and increasing confidence in it,” noting that “what confirms the strength of the dinar and the public’s confidence in it is the continuation of the Central Bank of Iraq and its failure to perform any need from the needs of various sectors. 

As it is now funding the sectors of trade, electronic payment, travel and other sectors. 

He pointed out that “the coming days there will be more measures in the field of meeting all market needs, supporting the Iraqi dinar and maintaining its strength against other currencies,” noting that “the central bank, within its new procedures, prevented banks from automatic transfer of customer accounts in dollar to Iraqi dinars. 

Without the customer’s consent and allowed customers to open accounts in different currencies. He stressed that “these measures will positively affect the exchange rate in the market. 

And will increase the supply of the dollar and contribute to serving and supporting important sectors in the economy. 

Including the sectors of exporters and the sector of companies operating in the government field and in the field of infrastructure development and strategic projects. In addition to supporting civil society organizations that contribute to the humanitarian and charitable field in Iraq.